Job Description:Role Summary/Purpose:The individual in this role is responsible for Compliance governance activities such as coordination of the quarterly Enterprise Risk Assessment for the material compliance risks in the inventory; Compliance Risk Assessment support which includes execution of quality assurance reviews, management, monitoring and reporting of the Risk Appetite Limit breaches and escalation triggers, and change management testing; responses to Regulatory/Risk Testing/Internal Audit requests; maintenance of the legal requirements inventory; newly added program processes, metrics and reporting as needed to fulfill the requirements of the Compliance Program.Our Way of WorkingWe're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events.Essential Responsibilities:
Enterprise Risk Assessment (ERA): Serve as compliance point of contact ('POC') for the quarterly assessments for Tier 1 Compliance risks
Conduct quality assurance of Compliance Risk Assessments
Compliance Risk Appetite Limit Breaches and Escalation Triggers (ET): Oversee newly developed compliance Risk Appetite Statement (RAS) includes monthly monitoring, reporting of breaches/ETs and execution of controls over the process
Maintenance of the legal requirements inventory (CTC/CTQs) includes processing workflows, performing data quality reviews and coordinating and hosting the bi-weekly CTC Maintenance call
Assist with responses/documentation requests for Regulatory and Internal Audit Exams
Oversight of specific procedures and job aids including initial creation and annual/bi-annual updates
Lead or assist with other special projects/duties, as assigned
Qualifications/Requirements:
Bachelor's degree and 3+ years of experience related to governance, risk and controls within a financial institution; or in lieu of degree, 6+ years' experience related to governance, risk and controls within a financial institution
Minimum 2+ years experience and advanced proficiency in Microsoft PowerPoint, Excel and Word
Desired Characteristics:
Understanding of regulatory expectations for compliance program.
Strong written and verbal communication skills
Demonstrated ability to build strong relationships with cross-functional teams and become a trusted business partner
Project and process management skills, with proven ability to adapt to a changing environment and manage multiple priorities and deadlines
Knowledge of workflow programs (Nintex, PowerApp)
Certified Regulatory Compliance Manager (CRCM)
Grade/Level: 11The salary range for this position is 90,000.00 - 155,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.Salaries are adjusted according to market in CA, NY Metro and Seattle.Eligibility Requirements:
You must be 18 years or older
You must have a high school diploma or equivalent
You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).
Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Our Commitment:When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ (https://www.synchronycareers.com/our-culture/#diversity) , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.Reasonable Accommodation Notice:
Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time
Job Family Group:Risk Management
